Banking and credit

A man wearing a bowler hat collects donations for the annual poppy appeal ahead of Armistice Day outside the Bank of England in the City of London, Thursday, Nov. 2, 2017. The Bank of England is poised to raise its main interest rate for the first time in a decade to keep a lid on a rise inflation caused by Brexit. The bank is expected Thursday to lift its main rate by a quarter percentage point from the record low of 0.25 percent. (AP Photo/Matt Dunham)
November 02, 2017 - 9:07 am
LONDON (AP) — The Latest on the Bank of England's monetary policy decision (all times local): 1:05 p.m. Bank of England Governor Mark Carney says the global economy is "firing on most cylinders" and that, as a result, it's no surprise that many central banks are easing up on some of their crisis-...
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A currency trader talks on phone as a screen at right shows the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 2, 2017. Asian stock markets were mostly lower on Thursday as investors awaited U.S. President Donald Trump's announcement on his choice to lead the Federal Reserve, shrugging off the results of a Fed meeting that were in line with their expectations. (AP Photo/Ahn Young-joon)
November 02, 2017 - 2:50 am
SEOUL, South Korea (AP) — Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump's announcement on his choice to lead the Federal Reserve. Some markets were pressured by investors locking in profits from recent gains. KEEPING SCORE: Tokyo's Nikkei 225 bucked...
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Trader Gerard Farco watches a television on the floor of the New York Stock Exchange showing the rate decision of the Federal Reserve, Wednesday, Nov. 1, 2017. With a new Federal Reserve leader about to be announced, the Fed is keeping its key interest rate unchanged. (AP Photo/Richard Drew)
November 01, 2017 - 11:35 pm
SEOUL, South Korea (AP) — Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump's announcement on his choice to lead the Federal Reserve, shrugging off the results of a Fed meeting that were in line with their expectations. Some markets were pressured by...
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Secretary of State Rex Tillerson listens as President Donald Trump speaks during a cabinet meeting at the White House, Wednesday, Nov. 1, 2017, in Washington. (AP Photo/Evan Vucci)
November 01, 2017 - 5:38 pm
WASHINGTON (AP) — President Donald Trump on Wednesday signed the repeal of a banking rule that would have allowed consumers to join together to sue their bank or credit card company to resolve financial disputes. The president signed the measure at the White House in private. Journalists were not...
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November 01, 2017 - 12:58 pm
ATLANTA (AP) — The New York City bike path attack had been carried out with a pickup truck that home contractors or do-it-yourself handymen can get with no background check and little worry it will raise red flags among law enforcement. All it takes is a driver's license, a valid credit card and...
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In this Oct. 31, 2017 photo, a man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian shares were higher Wednesday, Nov. 1, 2017 on optimism about global economic growth following gains on Wall Street. (AP Photo/Eugene Hoshiko)
November 01, 2017 - 3:57 am
TOKYO (AP) — Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street. KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.9 percent to close at 22,420.08. Australia's S&P/ASX 200 added 0.5 percent to 5,937.80. South Korea's Kospi gained 1.3...
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In this Oct. 31, 2017 photo, a man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian shares were higher Wednesday, Nov. 1, 2017 on optimism about global economic growth following gains on Wall Street. (AP Photo/Eugene Hoshiko)
October 31, 2017 - 11:41 pm
TOKYO (AP) — Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street. KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.4 percent in morning trading to 22,324.64. Australia's S&P/ASX 200 added 0.5 percent to 5,938.90. South Korea's Kospi...
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FILE - A Thursday, Aug. 3, 2017 file photo, Bank of England Governor Mark Carney, addresses the media during a press conference to deliver the quarterly inflation report in London. The Bank of England seems set to raise interest rates for the first time in a decade on upcoming Thursday, attempting to tackle rising inflation, according to suggestions signalled by bank governor Mark Carney.(AP Photo/Frank Augstein, FILE)
October 31, 2017 - 4:37 am
LONDON (AP) — The Bank of England is on Thursday set to raise interest rates for the first time in a decade in order to keep a lid on inflation, a move that has the potential to hurt the British economy just as it struggles with the uncertainties of Brexit. The central bank is expected to lift its...
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October 31, 2017 - 2:04 am
DUBAI, United Arab Emirates (AP) — The Middle East's oil producers are bracing for continued pressure from lower oil prices, with the International Monetary Fund projecting cumulative budget deficits of $320 billion over the next five years. Approximately half of that— or $160 billion— will be...
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People look at an electronic stock board of a securities firm in Tokyo, Monday, Oct. 30, 2017. Asian stock markets were mixed Monday as investors waited to find out U.S. President Donald Trump’s pick to head the Federal Reserve.(AP Photo/Koji Sasahara)
October 30, 2017 - 10:38 pm
TOKYO (AP) — Shares meandered Tuesday in Asia after markets retreated from their record highs overnight and China reported weak manufacturing data. KEEPING SCORE: Japan's Nikkei 225 index lost 0.4 percent to 21,933.52 as the yen gained against the U.S. dollar, hurting exporters' shares. Hong Kong's...
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